Gold $1,770.75
Silver $25.89
Copper $4.13
  • TSX.V MXR $0.225 -0.005
  • TSX VOL 120,121
  • CESAR Copper Silver

    Colombia: Rich & Attractive Mining

    • CESAR is located in NE Colombia along the Andean belt, the worlds largest copper producing belt
    • New President is pro business, mining and investment
    • Elephant hunting for the next Kupferschiefer, world’s #6 copper and the worlds #1 silver producer
    • Majors with a presence in Cesar State:

    Excellent Infrastructure

    Major Mining Presence

    • Anglo-BHP-Xstrata: operate South America’s largest coal mine: Cerrejon
    • Glencore
    • Drummond
    • Chevron


    • Major Towns
    • Sea Port, Airport, Rail
    • Hydroelectric Power
    • Road Access to Site

    Copper + Silver Exposure

    First Discovered in late 2019, has already attracted 2 Majors

    The wholly owned* CESAR property is located along the Andean Belt, the worlds #1 producing copper belt, 420-km north of Bogota, NE Colombia. The 40-km long CESAR target zone lies nearby major infrastructure and mining operations (BHP, XStrata, Anglo American). CESAR is very similar to Kupferschiefer, the worlds #6 copper and #1 silver producer. The 11-km AM NORTH zone is open in all directions with highlight values of 34.4% copper + 305 g/t silver across 0.5-metre continuous horizon. The 4 x 3-km AM SOUTH zone is 40-km SWW of AM North and is open in all directions, with highlight values of 5.8% copper + 80 g/t silver from 0.1 to 25-metre horizon intervals. MAX aims to continue to expand the CESAR to Kupferschiefer footprint comparison.

    *Subject 15% Profit Share of Product. Max has exclusive first right to buy.

    Kupferschiefer Similarities

    Kupferschiefer: worlds #6 copper + #1 silver producer: 1.5% copper + 49g/t silver mining from 500m depth with 2-metre mining width; mineralization spread over

    CESAR target: 1.0% copper + 20 g/t silver mineralization at surface; mineralization target

    CESAR: proven Kupferschiefer exploration model:

    • Continuous mineralized horizon, dips gently to NW, outcrops on hillsides and in creeks
    • Identify very large surface footprint target of
    • Logging and XRF of oil/gas drill hole core/chips for the presence of copper
    • Interpretation of seismic data over an area of 40-km by 20-km


    Lithology Sediment hosted Sediment hosted
    Mineralogy Copper oxides, Chalcocite, Covellite, Native Copper Chalcocite, Covellite, Bornite, Chalcopyrite
    Depth Mineralization Cropping on Surface Mineralization starts at 500-metre depth
    Mining is done at depth below 700-metre
    Dimensions AM North - Herradura: 4 x 2 km
    AM North – Ventana: 3 x 2 km
    AM South - Molino: 3 x 4 km
    All 3 areas potentially connect forming over 40 km long and minimum 5 km wide (and open down dip) mineralized horizon
    15 x 20 km (approx.)
    Grade Target; Bulk tonnage, grades of 1.0% copper + 20 g/t silver
    Highlights: 43.4% copper and 305 g/t silver (AM North)
    Highlights: 5.8% copper and 80 g/t silver (AM South)
    Bulk tonnage,1.49% copper and 48.6 g/t silver
    Thickness 0.1 to over 5.0-metre 0.5 – 5.5-metre (mineable width 2-metre)
    Mineralogy Copper oxides, Chalcocite, Covellite, Native Copper Chalcocite, Covellite, Bornite, Chalcopyrite
    Mining Method Open pit followed by underground accessed by ramps Underground via shafts
    Metallurgy Not done, copper & silver extraction via flotation process Flotation

    Newly Discovered AM North

    Size: 11-km stratabound Copper-Silver mineralized zone

    AM North Discovery: Herradura and Ventana, 11-kms apart

    Herradura Zone: stratabound copper + silver mineralization open in all directions located at the northern end of an 11-km zone, highlight grades at various intervals: 4 to 34.4% copper and 28 to 305 g/t silver

    Ventana Zone: located at the southern end of the same mineralized zone. Stratabound, only 3 x 1.8 -km mapped, open in all directions, highlight grades of 2.1 to 4.6% copper and 7 to 22 g/t silver

    High-Grade Copper-Silver Component

    “Herradura Discovery” open in all directions, returning highlight values of 24.8% copper + 230 g/t silver continuous 4-metre by 1-metre outcrop and 34.4% copper + 305 g/t across 0.5-metre

    Bulk samples 1.8-km apart returned 9.4% copper + 79 g/t silver and 3.5 % copper + 29 g/t silver

    Major Discoveries at AM SOUTH

    • AM SOUTH, 40-km SW along the same mineralized trend as AM NORTH
    • AM SOUTH horizons exceed 5.8-km of strike length, highlight values of 5.8% copper and 80 g/t silver from 0.1 to 25-metre horizon intervals
    • EDS Analysis by AGH identified silver bearing chalcocite

    Stratabound Copper-Silver Mineralization:

    • AM-1 was followed for 2.4 kilometres
    • AM-2 was followed for 1.1 kilometres
    • AM-3 was followed for 3.1 kilometres
    • Open along strike and down dip

    Attracting World Class Groups

    • Max has entered into a non-binding collaboration CA on CESAR with one of the world’s leading copper producers
    • Consulting AG with Fathom Geophysics
    • Recently entered into a non-exclusive CA with a Global Miner in respect to the CESAR copper-silver projects
    • Ongoing studies with the University of Science and Technology (AGH) Krakow, Poland, who have a long history of co-operation with KGHM, Europe’s largest copper producer and the world’s largest silver producer
    • Geológica Universidad Nacional de Colombia in Medellín are conducting on-going structural studies of CESAR

    Exploration Awaiting Results & Activities in Q4

    • Focus on district scale landholding expansion
    • Awaiting AM North and AM South assay results
    • Initial Fathom technical study results due
    • AGH geochemical and metallurgical programs are ongoing
    • Significant step of digitizing the available historic seismic data is underway
    • First phase logging of the historic oil/gas drill core/chips, second phase of successfully identifying copper may be a game changer
    • November/December field exploration programs

    Max cautions investors the presence of stratabound copper-silver mineralization at Kupferschiefer is not necessarily indicative of similar mineralization at Cesar.